An EIN is required for many reasons for businesses, taxable entities and non-profit organizations. If any of the follow apply to your business or entity you will need an EIN:
- Hiring Employees
- Operate your business as a Corporation or Partnership
- If you will file any of following tax returns: Employment, Excise or Alcohol, Tobacco and Firearms
- Have a Keogh Plan
- If you’re involved with any of the following organizations/entities:
- Trusts (except certain grantor-owned revocable trusts)
- Estates
- Real Estate mortgage investment conduits
- Non-profit organizations
- Farmers’ cooperatives
- Plan Administrators
Leave A Comment